African Market Review
- In Morocco, GROUPE RADISSON Strengthens its hotel network with the objective of opening 10 new hotels by 2025;
- In Egypt, Next Home Development will direct new investments worth EGP 2bn to its expansion plan in Egypt’s real estate market during the coming period;
- In Nigeria, more than NGN 76.5bn has been paid for the purchase of petrol by consumers since the downstream oil sector was deregulated in March this year, according to the business press;
- The BRVM Stock Exchange recorded the best daily performance (+0.80%) among the covered markets, while Nigerian Stock Exchange posted the worst one (-0.46%).
BMCE Capital Global Research is a subsidiary of BMCE Capital Group dedicated to Research and Financial Analysis. It is addressed to professional investors (financial institutions, management companies, etc.) to which it provides information and independent analysis aligned with international standards. BMCE Capital Research covers equities, interest rate, Forex and commodities markets in Morocco, Tunisia and WAEMU region (Bourse Régionale des Valeurs Mobilières, BRVM). Thanks to its latest generation technology platform, to its teams and to those of its partners, the Research Office of BMCE Capital is now able to cover simultaneously several places in Africa and to produce several publications co-branded under its umbrella brand African Securities Network, ASN.
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